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on the fiscal cliff packagk tonight. what are you hearing? what are the chances in what's going on? >> the u.s. congress has taken incomplete, remember that, you would call the registrar and, or your professor, and you took an incomplete, and that's what they've done. mcdonnell and the democratsdemo could get something done in terms of taxes, and it's a stage of process, but in terms of the whole bargain, they want more time of the what republicans didn't want to have blamedblam monday them is that they increased taxes on the middle class, and so maybe tim kainey was prophetic.ti he said let's just settle atse 500,000.tt they settled at 450,000, and noo move to the tougher stuff later. >> we've seen a lot of frustration and it's not justjus the americans who will be affected. lawmakers also fed up, maryland senator, the longer serving woman in the senate, said i, lived through 9/11, i've lived through impeachment of a president, but this is what we are doing to hour selfment are you surprised we got to thisto point?po >>
on the fiscal cliff packagk tonight. what are you hearing? what are the chances in what's going on? >> the u.s. congress has taken incomplete, remember that, you would call the registrar and, or your professor, and you took an incomplete, and that's what they've done. mcdonnell and the democratsdemo could get something done in terms of taxes, and it's a stage of process, but in terms of the whole bargain, they want more time of the what republicans didn't want to have blamedblam monday...
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. >> doug, thank you. returning now to the latest developments in the fiscal cliff negotiations. republican members of the house will meet for a second time today in just about ten minutes. at 5:15, to talk about how they want to move this bill that came from the senate forward. jennifer johnson joins us now from capitol hill. jennifer, republicans have strong feelings about this senate measure. what are the chances we are going to see an up or down vote on this? >> reporter: i would say an up and down vote on the bill the senate passed at 2:00 this morning, very unlikely. the house may take a vote on an amended bill. the senate has just sent word if an amended bill is sent to the senate, the senate will not act on it and this entire fiscal crisis will be passed on to the new congress which comes to work on thursday. >> is that because the -- senate -- for the most part has already left? >> well, senate leaders remain in session and they already decided if there was going to be a vote on the bill that they sent to the house they could do it without a roll call and do it and pass
. >> doug, thank you. returning now to the latest developments in the fiscal cliff negotiations. republican members of the house will meet for a second time today in just about ten minutes. at 5:15, to talk about how they want to move this bill that came from the senate forward. jennifer johnson joins us now from capitol hill. jennifer, republicans have strong feelings about this senate measure. what are the chances we are going to see an up or down vote on this? >> reporter: i...
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Dec 28, 2012
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back to you. >> thank you. >>> what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from come indications of pneumonia. he was given the nickname stormin' norman and best known for leading international forces in iraq against shad's invasion of kuwait in 1991678 the 78-year-old managed to live a quiet retired life in tampa and kept pretty quiet on the u.s.'s decision to go to war with iraq again. >>> also this morning, former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says his family is confident the 41st president will leave the hospital but expects to be there for a while. he is battling bronchitis, a lingering fever amon
back to you. >> thank you. >>> what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died....
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a breakthrough to limit the damage caused by going over the fiscal cliff. overnight, the senate passed a measure that will keep taxes the same for about 98% of americans. that vote came at about 2:00 a.m. a couple of hours after we officially went over the cliff. now, this deal has bipartisan support in the senate. 89 senators voted in favor of it. just eight voted against it. under this deal, taxes will remain the same for americans who earn less than $400,000 a year and families that make less than $450,000. it would also extend long-term unemployment benefits. about $24 billion in spending cuts would be delayed for two months. so the white house and congress can have more time to debate them. democrats and republicans agreed to a compromise. they say not acting could have had devastating consequences. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing, they'd be going up on everyone. >> it is now up to the house to vote on the proposal. president obama released a statement shortly after the senate voted that read
a breakthrough to limit the damage caused by going over the fiscal cliff. overnight, the senate passed a measure that will keep taxes the same for about 98% of americans. that vote came at about 2:00 a.m. a couple of hours after we officially went over the cliff. now, this deal has bipartisan support in the senate. 89 senators voted in favor of it. just eight voted against it. under this deal, taxes will remain the same for americans who earn less than $400,000 a year and families that make...
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i hope so. >> next, talking about the fiscal cliff. john thune. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing this and republicans are very concerned that it should not be used as an offset to reduce or replace some of the spending cuts that would occur and democrats put forward an alternative. this is a process. there's a lot of give-and-take going on. republicans do not want to see new revenue, democratic tax increases, being used for new spending. that is where many members are drawing the line. >> you all wa
i hope so. >> next, talking about the fiscal cliff. john thune. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but...
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Dec 29, 2012
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. >> thanks, ko. >>> the fiscal cliff deadline is looming and senate leaders are trying to avert so the- called fiscal cliff. president obama says there is still time to reach an agreement, but he chastised lawmakers for waiting until the last minute. >> we're now at the point where in just a couple of days, the law says that every american's tax rates are going up. every american's paycheck will get a lot smaller. that would be the wrong thing to do for our economy. >> divided government is a good time to solve hard problems. in the next few days, leaders in washington have an important responsibility to work together to do just that. >> congressional leaders could present legislation to senators as early as tomorrow with a vote possible on sunday or monday. >>> coming up on 9 news -- ♪ [music] ♪ a local music legend dies. we'll have a look back at the career of mike aldredge. >>> welcome back, everybody. local blue grass music legend mike aldredch has died of cancer. he would have been 74 tomorrow. ♪ [music] ♪ he was a founding member of the group "the seldom seen." he also to
. >> thanks, ko. >>> the fiscal cliff deadline is looming and senate leaders are trying to avert so the- called fiscal cliff. president obama says there is still time to reach an agreement, but he chastised lawmakers for waiting until the last minute. >> we're now at the point where in just a couple of days, the law says that every american's tax rates are going up. every american's paycheck will get a lot smaller. that would be the wrong thing to do for our economy....
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meeting with congressional leaders on the fiscal cliff. tom, you have been covering this pretty much every day. it looks to me like there are two big headlines here. one, still no deal and, two, he's talking about a bill being presented to the senate, an up- or-down vote that would prevent a tax hike for middle class americans, protect unemployment insurance and that is not all. >> make no mistake, that is a direct shot at the republicans, though. the president knows full well the senate is controlled by democrats. at what point you would be knocking that ball over to the house would be up to house republicans as to who they would be the last ones with up- or-down votes on this. >> more to come on this from you, tom, and our team of reporters on the news edge at 6. the 5 continues after this. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours.
meeting with congressional leaders on the fiscal cliff. tom, you have been covering this pretty much every day. it looks to me like there are two big headlines here. one, still no deal and, two, he's talking about a bill being presented to the senate, an up- or-down vote that would prevent a tax hike for middle class americans, protect unemployment insurance and that is not all. >> make no mistake, that is a direct shot at the republicans, though. the president knows full well the senate...
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. >>> it could be a make or break day for fiscal cliff negotiations. still ahead, what is happening in just hours that could produce a last-minute deal. >>> the countdown is also on on sunday's big game. the redskins and cowboys, so much on the line for both teams. dave ross is here with a closer look at the rivalry and match- up. we'll be right back. >>> welcome back. the northeast starting to dig out after a massive winter storm dumped up to two feet of snow across upstate new york and northern new england. heavy rain and strong winds pounded coastal areas already devastated by superstorm sandy. the storm system is now blamed for at least 16 deaths nationwide. here in our area, maryland is reporting a death of a man in frederick county due to hypothermia. this has been a mess. >> been a busy week. >> so we've done round one and round two. are you ready for wound round three? >> bring it on. >> not going to be a major event but we do have snow back in the forecast for the day saturday. >> that was kind of a letdown there. >> there we go. >
. >>> it could be a make or break day for fiscal cliff negotiations. still ahead, what is happening in just hours that could produce a last-minute deal. >>> the countdown is also on on sunday's big game. the redskins and cowboys, so much on the line for both teams. dave ross is here with a closer look at the rivalry and match- up. we'll be right back. >>> welcome back. the northeast starting to dig out after a massive winter storm dumped up to two feet of...
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. >> thanks. >>> still ahead tonight, recovering from the fiscal cliff now that we have gone over local lawmakers that talk about a possible deal. >>> then a little later, some changes on the road as we need to head into the new year. >>> and up next stopping the cycle of the domestic violence for the help of local heros. stay with us. we'll be right back. >>> just in the last fiscal cliff alone. today's hero central, they celebrate with the life and what it can and be for survivors for the help of the northern coalition health of services. >> it is very scary. and never been by myself. they slipped trying to take the kids. >> reporter: four years ago she took the first step away from a life of domestic violence. >> my husband kicked me out. i have three kids. i'm going to a shelter and kind of a big place to be in. >> novaco is sed dated to help -- is dedicated to help victims recover from abuse. >> people get into a cycle of abuse without realizing and then it escalates. so it doesn't go away. somebody doesn't walk down the hall or into a house to hit somebody. it usually starts with
. >> thanks. >>> still ahead tonight, recovering from the fiscal cliff now that we have gone over local lawmakers that talk about a possible deal. >>> then a little later, some changes on the road as we need to head into the new year. >>> and up next stopping the cycle of the domestic violence for the help of local heros. stay with us. we'll be right back. >>> just in the last fiscal cliff alone. today's hero central, they celebrate with the life and...
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. -- the fiscal cliff negotiations on capitol hill. >> this week on "q&a," kevin phillips discusses his historical narrativnarrative. >> kevin phillips, at the end of your preference, you have a paragraph that says the year 1774-17 steny 5 had more than their fair share of unsung heroes. -- 1775 had more than their fair share of unsung heroes. what are you getting at? >> one of the things i like best about 1775, which was a much more spurned group of people, granted the founding fathers -- more inspiring group of people, granted, the founding fathers were not always -- seven out of the 10 counties, metropolitan washington, it is the country did is still great but a capital that is not. would have predicted that? >> if anyone would have guessed that there would be a country of 300 million people, they may wouldn't come up with a bit of cynicism. but they were dedicated people. >> you say, during the last four years, during the campaign of 2012, you stuck your nose at this. >> the first time i did something like that was back in the 1990's. i wrote a book about the english speaking civil
. -- the fiscal cliff negotiations on capitol hill. >> this week on "q&a," kevin phillips discusses his historical narrativnarrative. >> kevin phillips, at the end of your preference, you have a paragraph that says the year 1774-17 steny 5 had more than their fair share of unsung heroes. -- 1775 had more than their fair share of unsung heroes. what are you getting at? >> one of the things i like best about 1775, which was a much more spurned group of people,...
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the whole fiscal cliff crisis will then be turned over to the new congress which comes to work on thursday. live on capitol hill, jennifer johnson, news4. >> thanks, jennifer. >>> well, no relief in the weather. nothing but gray skies to start out this new year. around the district these are live pictures at union station. not much in the way of rain or snow, though. >> storm team 4 chief meteorologist doug kammerer taking a look at the forecast. how is it looking? >> right now not bad. saw a lot of cloud cover this january 1. believe it or not, over the last hour, temperatures have gone up by one degree. 45 degrees at the airport. winds out of the north at 8 miles per hour. we have a bit of a windchill but not all that bad. seen cloud cover throughout the day. not a lot in the way of rain or snow, though. that's stayed down to the south. mostly rain down around richmond. newport news and down into portions of north carolina. one what have sweden as far as temperatures go? we are on the mild side here. temperatures above average but look what is coming. 27 in pittsburgh. 28ing in state col
the whole fiscal cliff crisis will then be turned over to the new congress which comes to work on thursday. live on capitol hill, jennifer johnson, news4. >> thanks, jennifer. >>> well, no relief in the weather. nothing but gray skies to start out this new year. around the district these are live pictures at union station. not much in the way of rain or snow, though. >> storm team 4 chief meteorologist doug kammerer taking a look at the forecast. how is it looking? >>...
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thank you for your thoughts and ideas today on our beloved fiscal cliff. >> five days to go and counting before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the scheduled sequester cuts from defense to domestic programs, but, of course, in urging the senate to act saying, well, we've acted, now it's your turn, we're simply not going to see the democrats take them up on that because president obama since that letter has won the election and now we're looking at the possibility of a mini deal that would get enacted before january 1st but so far all we've heard are the sounds of silence in the negotiations. a senior white house official told me today when i asked was there any holiday season progress, back channel progress over the past couple of days, got a one-word reply, no.
thank you for your thoughts and ideas today on our beloved fiscal cliff. >> five days to go and counting before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the...
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they have until the first to get that done or milk prices go up and with the fiscal cliff, massive tax increases and spending cuts. that's the latest here at the white house, back to you. >> thank you, sherri. >>> we've been getting responses to the cliff talks on our facebook page. that's where we asked you, what do you think about congress and the white house not reaching a deal on the fiscal cliff? do you think it's possible that a compromise will be reached before the deadline? tammy simpson writes -- peggy fleming says -- >> a lot of people fired up obviously over this. >>> traffic is back to normal on the springfield interchange, even while virginia state police continue to investigate a deadly accident there. this happened around 7:00 last night when a tractor-trailer stopped in traffic, was rear- ended by a pickup truck. three people inside the pickup truck died at the scene. the driver of the tractor- trailer was not hurt. >>> d.c. police are offering a $25,000 reward for information leading to the arrest in the shooting death of a capitol hill man. jason emma was shot multipl
they have until the first to get that done or milk prices go up and with the fiscal cliff, massive tax increases and spending cuts. that's the latest here at the white house, back to you. >> thank you, sherri. >>> we've been getting responses to the cliff talks on our facebook page. that's where we asked you, what do you think about congress and the white house not reaching a deal on the fiscal cliff? do you think it's possible that a compromise will be reached before the...
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>> somebody told me. >> the fiscal cliff hanger in washington, d.c. is our lead item here. with just three days before the deadline. senators working on an 11th-hour deal to try to avoid middle-class tax hikes and deep spending cuts that go into effect at the first of the new year. president obama is pushing lawmakers on both sides of the aisle to reach an agreement. >>> and help may be on the way for victims of hurricane sandy. the senate approved a spending bill worth $60 billion. the measure heads to the house where some lawmakers are hesitating to approve the bill in the final days of the current session. >>> and in maine, the first same-sex couples are legally exchanging vows today. the new law legalizing same-sex marriage went into effect at midnight, 12:01 a.m. today. some ceremonies were held overnight. same-sex marriage became legal in maryland on tuesday. become legal on tuesday. >>> and finally, talk about living on the edge. in massachusetts, several homes on plum island are in danger of plunging into the atlantic ocean. thursday's storms and pounding waves are
>> somebody told me. >> the fiscal cliff hanger in washington, d.c. is our lead item here. with just three days before the deadline. senators working on an 11th-hour deal to try to avoid middle-class tax hikes and deep spending cuts that go into effect at the first of the new year. president obama is pushing lawmakers on both sides of the aisle to reach an agreement. >>> and help may be on the way for victims of hurricane sandy. the senate approved a spending bill worth $60...
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us away from the fiscal cliff. sources tell nbc news party leaders in the senate are drafting a small stop-gap plan. the question is whether minority leader mitch mcconnell and majority leader harry reid can draft a bill that will pass the house. any bill that does come up for a vote tomorrow or monday will likely not address massive spending cuts but lawmakers are trying to avoid tax increases for most americans. nbc's david gregory talked to president obama about negotiations today in an interview that airs on "meet the press" tomorrow. the president continues to be optimistic but he, i think, in part is doing the interview on "meet the press" because he wants to keep the pressure on republicans to get something done and made very clear in the course of the interview that there's a political cost to be paid if there is not a deal. you can see the full interview with the president from the white house tomorrow morning on "meet the press" at 10:30 right here on nbc 4. >>> some good news for former president george
us away from the fiscal cliff. sources tell nbc news party leaders in the senate are drafting a small stop-gap plan. the question is whether minority leader mitch mcconnell and majority leader harry reid can draft a bill that will pass the house. any bill that does come up for a vote tomorrow or monday will likely not address massive spending cuts but lawmakers are trying to avoid tax increases for most americans. nbc's david gregory talked to president obama about negotiations today in an...
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with an impending fiscal cliff challenging all of us. the women and men who serve in this great body have expressed great differences but those differences ought not divide us. they should build us with the best consensus, we need a bold and balanced approach to this fiscal cliff. mr. tonko: we need to make certain that the 33 consecutive months of private sector job growth are not disrupted. we need to make certain that the unemployment rate does not rise as the c.b.o., congressional budget office suggests, to 9.1%. we need to avoid taxes growing by $,200 for an average family of four in 2013. -- $2,200 for an average family of four in 2013. it is important for us to go forward and take the initiative and avoid the consequences of that fiscal cliff. i'm concerned because fema as an example would be cut by some $878 million. having witnessed the destruction in my district, we can ill afford that. cuts to nutrition programs, cuts to medicare. i implore our leadership in this house to bring a bold and balanced approach to solve our fiscal
with an impending fiscal cliff challenging all of us. the women and men who serve in this great body have expressed great differences but those differences ought not divide us. they should build us with the best consensus, we need a bold and balanced approach to this fiscal cliff. mr. tonko: we need to make certain that the 33 consecutive months of private sector job growth are not disrupted. we need to make certain that the unemployment rate does not rise as the c.b.o., congressional budget...
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come new year's eve when we count down to midnight, we're counting down to the so-called fiscal cliff. if congress does nothing, taxes go up on everyone. mike emmanuel has more. >> reporter: lawmake -- lawmakers return to capitol hill in a last-minute attempt going over the fiscal cliff. congressional leaders are looking to avoid tax hikes on most americans but key disagreements on eptitlesments and tax rate thresh finds remain. president obama's original plan called for increasing taxes on families earning more than $250,000 now $400,000 could be a number on the negotiating table. >> the $400,000 level seems to me to be with about right. that represents about the top 1% of income earners in the country and is they got knee% of the growth and there is some flexibility there. >> reporter: the republicans say the u.s. is not facing's revenue problem. >> i feel like i'm a lifeguard and we have to save as many people from drowning and higher taxes as we can. >> reporter: in the weekly address to the nation, president obama urged congress to do something. >> we can't afford a politically s
come new year's eve when we count down to midnight, we're counting down to the so-called fiscal cliff. if congress does nothing, taxes go up on everyone. mike emmanuel has more. >> reporter: lawmake -- lawmakers return to capitol hill in a last-minute attempt going over the fiscal cliff. congressional leaders are looking to avoid tax hikes on most americans but key disagreements on eptitlesments and tax rate thresh finds remain. president obama's original plan called for increasing taxes...
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that would imply to me that there's something in the mix on the senate side on the fiscal cliff negotiations. what that is, we'll have to find out from the president perhaps at 5:45. >> okay, we'll go back to you for that. thanks so much for keeping us updated. the question at this point is, what impact could going over the cliff have on the u.s.'s credit rating. let's bring in sean egan from egan-jones, he's on the phone tonight. if we go over the cliff, i'm assuming the credit rating agencies, other than yours, the others ones, there's a certain amount of time during which they can review the ratings and then decide. it's not an automatic thing. >> that is correct. the first step is to put it under review. then there will be an assessment of how badly we go over the cliff and also whether there will be any reform on titlements. the deficit has been improving. the federal deficit has improved over the last couple quarters. >> so is it the case that perhaps because the economy has done better that perhaps that would save us from a credit rating downgrade even if we go over the cliff? >> i do
that would imply to me that there's something in the mix on the senate side on the fiscal cliff negotiations. what that is, we'll have to find out from the president perhaps at 5:45. >> okay, we'll go back to you for that. thanks so much for keeping us updated. the question at this point is, what impact could going over the cliff have on the u.s.'s credit rating. let's bring in sean egan from egan-jones, he's on the phone tonight. if we go over the cliff, i'm assuming the credit rating...
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priscilla larson writes i would say a slash b because the way the fiscal cliff is, you don't know if you're going to have money for food or not. >> we'll have the correct answer in our 6:00 show. keep it here. we'll be right back. [ male announcer ] this commercial is not about getting fios; it's about getting fios. that moment after you finally got it that you actually get it. when you see the difference 100% fiber optics makes, and you say "woah we are not on cable anymore." when online videos aren't herky jerky, you get it. or when a movie downloads in two minutes, you get it. last chance to get fios for just $79.99 a month for two years with a two-year agreement. plus $300 back. go to got2getfios.com today call the verizon center for customers with disabilities for america's fastest, most reliable internet. at 800-974-6006 tty/v. verizon fios. ♪ i'm halfway to your heart ♪ you have to let me know ♪ so i don't make my worst mistake ♪ ♪ turn around and let you go [ female announcer ] when sweet and salty come together, the taste is irresistible. made with sweet, smooth pe
priscilla larson writes i would say a slash b because the way the fiscal cliff is, you don't know if you're going to have money for food or not. >> we'll have the correct answer in our 6:00 show. keep it here. we'll be right back. [ male announcer ] this commercial is not about getting fios; it's about getting fios. that moment after you finally got it that you actually get it. when you see the difference 100% fiber optics makes, and you say "woah we are not on cable anymore."...
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we'll talk about that. >>> no deal in sight before the so-called fiscal cliff. coming up, an update on what if anything can be done from the ranking democrat on the house budget committee, maryland congressman chris van hollen and new information of kelly o'donnell and check out the "news nation" tumblr page. lots of behind the scenes pictures. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. >>> we are about a half hour away now with the meeting between president obama and top leaders of both parties. joining the president and vice president, boehner, pelosi, reid and mcconnell. their goal, agree on something before the country falls off
we'll talk about that. >>> no deal in sight before the so-called fiscal cliff. coming up, an update on what if anything can be done from the ranking democrat on the house budget committee, maryland congressman chris van hollen and new information of kelly o'donnell and check out the "news nation" tumblr page. lots of behind the scenes pictures. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every...
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many people believe that taxes are going to go up once the fiscal cliff is solved and how will the average american be affected by this? joining us now is gordon burnhart, a certified public accountant with burnhart wealth management. thank you for joining us. >> thank you, tom, how are you. >> so much of the uncertainty we heard from president leaves you to wonder what is the assessing in planning when you don't know about that in. >> and that is why that is important to plan. we have seen so much happen and people need to make sure they set aside the cash reserves and there is a lot of planning opportunities and investors need to work with an advisor to make sure that all of those unforseen things are addressed so they can help, again, protect families. >> and there is only three days left, two days weekend days. are there things folks can do as we head toward the deadline to protect themes in yo there are a few things. obviously, you can't do going since the stock markets are closed on saturday and sunday. on monday, investors should look at their portfolio. capital gains rates, for exa
many people believe that taxes are going to go up once the fiscal cliff is solved and how will the average american be affected by this? joining us now is gordon burnhart, a certified public accountant with burnhart wealth management. thank you for joining us. >> thank you, tom, how are you. >> so much of the uncertainty we heard from president leaves you to wonder what is the assessing in planning when you don't know about that in. >> and that is why that is important to...
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. >> jessica, thank you. >>> with time running out to avoid the fiscal cliff, democrats and republicans have left the capitol for their respective homes. for the majority of the country, that means we are essentially going over the cliff. president obama is in hawaii for christmas with his family b. before he left, he urged congress to adopt a stopgap measure to prevent taxes from rising on people who make less than $250,000 a year. he also asked for a plan to keep providing benefits to unemployed workers. house speaker john boehner is home in cincinnati. he failed to get members of his own party to support his plan b proposal to end the crisis. he said the stalemate and failure of plan b rests with the democrats. >> what the president has offered so far simply won't do anything to solve our spending problems and begin to address our nation's crippling debt. instead he wants more spending and more tax hikes that will hurt our economy. and he refuses to challenge the members of his matter to deal honestly with the entitlement reform and the big issues that are facing our nation. that's w
. >> jessica, thank you. >>> with time running out to avoid the fiscal cliff, democrats and republicans have left the capitol for their respective homes. for the majority of the country, that means we are essentially going over the cliff. president obama is in hawaii for christmas with his family b. before he left, he urged congress to adopt a stopgap measure to prevent taxes from rising on people who make less than $250,000 a year. he also asked for a plan to keep providing...
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later, a look at the fiscal cliff with joseph rosenberg of the tax policy center. >> i like the congressional hearings, i like all the stuff about the educational stuff, all the policy-making situations. i think it is a great thing the washington, d.c. has all these things and c-span covers these. >> c-span, created in 1979 as a public service. >> james glanz is an investigative reporter with the "new york times." mr. glanz, what is an internet datacenter? >> it is a place where all the information you sent out from your communicatocomputer or mobe goes into process and storage. >> how big are these centers? >> there actually colossal. their colossal in the amount of electricity they use. some use as much electricity as a medium-sized town. it is a very secretive industry. they tend to be hiding in plain sight. littlees you'll see diesel generators on the side. those are backup power supplies. and it is a data center. >> were those located at the road they're all over the place. they're in high rises in cities, in greenfield sites out in suburban areas, there tucked away in the back of office
later, a look at the fiscal cliff with joseph rosenberg of the tax policy center. >> i like the congressional hearings, i like all the stuff about the educational stuff, all the policy-making situations. i think it is a great thing the washington, d.c. has all these things and c-span covers these. >> c-span, created in 1979 as a public service. >> james glanz is an investigative reporter with the "new york times." mr. glanz, what is an internet datacenter? >>...
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talking about the fiscal cliff in a television interview. he put much of the blame on the shoulders of republicans if no deal is reached, the g.o.p. firing back saying the president should lead right now not cast blame. chief white house correspondent ed henry is live from the white house, ed? >> you're right, republicans were frustrated by the president going on the sunday talk show today in the middle of all of these negotiations, he's not been on one of these programs since 2009, over years ago. he felt like though it was important to get his message out there and you're right, that he was pounding that same message again and again, if we go off the fiscal cliff, he believes the onus is on the republicans for not meeting him halfway. take a listen. >> not because democrats and congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of the overall deficit reduction pa
talking about the fiscal cliff in a television interview. he put much of the blame on the shoulders of republicans if no deal is reached, the g.o.p. firing back saying the president should lead right now not cast blame. chief white house correspondent ed henry is live from the white house, ed? >> you're right, republicans were frustrated by the president going on the sunday talk show today in the middle of all of these negotiations, he's not been on one of these programs since 2009, over...
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. >> all right, thank you. >> uh-huh. >>> and lawmakers in washington work to avoid the fiscal cliff, some are having fun with the looming deadline. check out the electric road sign in portland, oregon. someone hacked it and changed it to read fiscal cliff ahead, january and february. >>> we'll hear from robert griffin on the eve of the biggest nfl game. that is robert griffin 3, thank you very much, and navy looks for a san francisco treat in the fight hunger bowl against arizona state. lindsay murphy is up next in sports. sports. . >>> good evening, i'm lindsay murphy. there is a saying in sports that it's not how you start but finish. and the navy football team knows a thing or two about that. they lost by 40 points to notre dame to start the season and closed out the year winning seven of eight, earning the ninth bowl big bid in 10 years. the midshipman marching for the fight hunger bowl against arizona state, the game's first possession, the sun devils, taylor kelly with the play- action fake and connects with ross, 16 yards for the score. the sun devils built a 21-0 lead after o
. >> all right, thank you. >> uh-huh. >>> and lawmakers in washington work to avoid the fiscal cliff, some are having fun with the looming deadline. check out the electric road sign in portland, oregon. someone hacked it and changed it to read fiscal cliff ahead, january and february. >>> we'll hear from robert griffin on the eve of the biggest nfl game. that is robert griffin 3, thank you very much, and navy looks for a san francisco treat in the fight hunger bowl...
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on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing this and republicans are very concerned that it should not be used as an offset to reduce or replace some of the spending cuts that would occur and democrats put forward an alternative. this is a process. there's a lot of give-and-take going on. republicans do not want to see new revenue, democratic tax increases, being used for new spending. that is where many members are drawing the line. >> you all want to use this technical level, but it would really affect social security recipients in the sequester.
on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a...
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>>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're going to show you how it impacts view your bottom line. >>> and what about the secretary of state? her dangerous blood clot. what could that mean for hillary clinton and her political future? i'm wolf blitzer. you're in "the situation room." right now we're following breaking news. all eyes are in the house of representatives where lawmakers are weighing the future of a bill that's now effectively a fiscal cliff fix. no vote has been scheduled on the bill that the senate passed in the middle of the night after steep tax cuts and spending cuts kicked in. speaker john boehner has been t
>>> deb, thanks very much. happening now, a fiscal cliff hanger. the senate bipartisan bill faces a very uncertain future in the republican-led house. >> our speaker has said, when senate acts, we will have a vote in the house. that is what he said. that is what we he can be pekt. that is what the american people deserve. >> but is a sudden rift in the republican leadership putting it all in jeopardy? >> also, we're breaking down the deal on the table right now. we're...
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[applause] >> live coverage of the so- called fiscal cliff talks continues here on c-span as all eyes turn to the house chamber this afternoon. the senate early this morning in an unusual new year's morning vote approved a short-term deal to avoid tax hikes on middle- class americans, 89 to 8, three senate democrats and five senate republicans voted against that measure. house members are about to come in. there are a number of matters on the docket, but the big ticket item is this deal on the so- called fiscal cliff. will they bring it up in the house? will they amend it? will they approve of what the senate did? all questions that remain this afternoon. house democrats are going to be meeting at a quarter past the hour and republicans at 1:00 p.m. live coverage, here on c-span. m fiscal health? the endless cycle of increasing taxes and cutting spending will not work because the debt keeps ballooning with compounded interest. it's time for a new american monetary policy to climb out of poverty and debt. this is in the national employment act, the need act. let's regain control of ame
[applause] >> live coverage of the so- called fiscal cliff talks continues here on c-span as all eyes turn to the house chamber this afternoon. the senate early this morning in an unusual new year's morning vote approved a short-term deal to avoid tax hikes on middle- class americans, 89 to 8, three senate democrats and five senate republicans voted against that measure. house members are about to come in. there are a number of matters on the docket, but the big ticket item is this deal...
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that is does 30 as we get mighty close to the fiscal cliff. harris? >> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast and new england. causing new trouble for post holiday travelers. an american airlines plane ended up stranded on a snow. >> tarmac in pittsburgh. just outside new york city a southwest jet got stuck in the mud after skidding off the runway. in some of the hardest hit area the roads are even worse. >> i lost count of number of cars in the ditch. a jackknifed tractor trailer and a horse trailer turned over. >> i have seen ten cars in an accident. i saw a lexus fly into the ditch. >> i wish people would slow down a little bit, you know. it is pretty slick. >> harris: the storm will
that is does 30 as we get mighty close to the fiscal cliff. harris? >> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast...
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host: merideth shiner, thanks for your time. we appreciate the update on the fiscal cliff. here is "politico" -- a lot of similar headlines in other publications this morning. we want to hear from business owners on the fiscal cliff and if it is affecting your plans for 2013. you can see the numbers on the screen. business owners only. small or large businesses. from the hill newspaper -- that's from the hill newspaper this morning. finally, from "politico" -- our first call this morning, from business owners only, about your views on the fiscal cliff, comes from jim in hot springs national park, arkansas. what kind of business do you own? caller: the last one i had, i was in the construction business. and when i sold my last house i decided to move too hot springs, the first resort in america. host: you are a retired business owner? caller: right. host: if you were still running your business, how would you be looking at the fiscal cliff? caller: i've got some ideas i would like to say. the first thing we would do is eliminate all the people that do the free housing and fo
host: merideth shiner, thanks for your time. we appreciate the update on the fiscal cliff. here is "politico" -- a lot of similar headlines in other publications this morning. we want to hear from business owners on the fiscal cliff and if it is affecting your plans for 2013. you can see the numbers on the screen. business owners only. small or large businesses. from the hill newspaper -- that's from the hill newspaper this morning. finally, from "politico" -- our first call...
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this is a treat. >> thanks for having me. >> how much does the fiscal cliff impact what we're saving on taxes? >> well for middle income people, the tax increase is going to be about $2,200 and for higher income people that's the part that's been talked about a lot, people with $200,000 in income or $250,000 per couple. they're going to get hit. then there's also going to be increases in the dividends that you pay, the dividend income that you get. there's going to be increases in capital gains taxes. >> mom, when it comes to budgeting for the future you've always taught me to put money aside in my 401(k). it was the thing you told me to do when i got my first job. what should people be doing with their retirement savings? >> right now people are in the best shape possible to save for their future. they might not feel like that after the financial crisis. but if taxes go up you're not going to be able to save as much in the future so i've been urging everyone to save as much as they can possibly save right now, and the key is going to be for many families,ite going be retirement savi
this is a treat. >> thanks for having me. >> how much does the fiscal cliff impact what we're saving on taxes? >> well for middle income people, the tax increase is going to be about $2,200 and for higher income people that's the part that's been talked about a lot, people with $200,000 in income or $250,000 per couple. they're going to get hit. then there's also going to be increases in the dividends that you pay, the dividend income that you get. there's going to be...
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well for weeks now we've heard of the fiscal cliff that's looming and what it can mean for our taxes and our military essentially the cliff is a mix of expiring tax budgets and laws that plus spending cuts that will go into effect if congress fails to act and yes economists agree that going over this proverbial fiscal cliff could very well launch the u.s. into a congressionally mandated recession we know that americans are worried about their own finances but here's a story of how the threat of the fiscal cliff is already affecting the country in unexpected ways these budget cuts across the country have forced the hand of the organ county jail which had to release thirty inmates because it could not afford to board them any longer and here's the kicker according to the associated press less than an hour after one of those low level offenders walked out authorities say he was demanding that a bank teller hand over the money he stuck up the bank but the story doesn't end there because of the study of reduction in federal subsidies there are fewer jail beds sheriff patrols parole office
well for weeks now we've heard of the fiscal cliff that's looming and what it can mean for our taxes and our military essentially the cliff is a mix of expiring tax budgets and laws that plus spending cuts that will go into effect if congress fails to act and yes economists agree that going over this proverbial fiscal cliff could very well launch the u.s. into a congressionally mandated recession we know that americans are worried about their own finances but here's a story of how the threat of...
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that there are negotiations going on to avert at least part of the fiscal cliff. and i want to say, and i've said this privately but i'll say it publicly, that i really hope our leaders can find a way out of this. i watched the president speak today and i thought as usual, he is very fair in what he said, mr. president. what he basically said is, it's the middle class that grows this economy, it's the middle class that needs to be lifted up, it's the middle class that can't afford tax hikes, and those at the very top can do just a little bit more. ates very simple point. and i just would hope, given that everyone says they're for the middle class -- i know my colleagues on the other side of the aisle say that every day, that they agree with that. that finding this compromise will not be elusive but will come to pass. you know, i have been here for a while, and my understanding is we haven't met between christmas and new year's since 1962. so it does take a crisis, of major proportion, to make that happen. and i think we are in a crisis right now. but it's a self-m
that there are negotiations going on to avert at least part of the fiscal cliff. and i want to say, and i've said this privately but i'll say it publicly, that i really hope our leaders can find a way out of this. i watched the president speak today and i thought as usual, he is very fair in what he said, mr. president. what he basically said is, it's the middle class that grows this economy, it's the middle class that needs to be lifted up, it's the middle class that can't afford tax hikes,...
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thank you. >>> the fiscal cliff deal also brings good news for the price of milk. you see the deal would prevent the price of a gallon of milk from reaching nearly $8. the deal agrees to extend portions of the expired farm bill through september. tember. >>> some other big stories this morning. gay marriage ceremonies are under way in maryland. some same-sex couples rang in the new year by taking their vows. they were able to get marriage licenses in the free state for about three weeks but the new law didn't go into effect until the strike of midnight in the new year. dozens of same-sex weddings are scheduled for today. that includes some at city hall in baltimore and a mass wedding event at the black walnut point inn on tillman island. >>> doctors are treating secretary of state hillary clinton and they are saying that she is making excellent progress and is in good spirits as she receives treatment fay blood clot in her head. they also stress she will make a full recovery and never suffered a stroke or any neurological damage. doctors discovered the clot in a va
thank you. >>> the fiscal cliff deal also brings good news for the price of milk. you see the deal would prevent the price of a gallon of milk from reaching nearly $8. the deal agrees to extend portions of the expired farm bill through september. tember. >>> some other big stories this morning. gay marriage ceremonies are under way in maryland. some same-sex couples rang in the new year by taking their vows. they were able to get marriage licenses in the free state for about...
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thank you so much. we turn now to political turbulence, and the fiscal cliff gets closer. congress now has six days to make a deal. they'll be back on capitol hill tomorrow, and chip reid is in washington. >> president obama will be arriving in washington tomorrow and both houses of congress will be back in session tomorrow. that will give them just five days to put together a deal to avoid the massive automatic tax hikes and spending cuts known as the fiscal cliff. >> president obama spent christmas day visiting with troops in hawaii. >> while back in washington uncertainty about the looming fiscal cliff continues. there has been to communication between republicans and democrats about how to avoid going over the cliff. before the christmas break, speaker john boehner was unable to get enough support from respects to pass his plan and help said it was up to the white house and the senate to avert the cliff. so now harry reid is believed to be crafting a plan of his own. it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of th
thank you so much. we turn now to political turbulence, and the fiscal cliff gets closer. congress now has six days to make a deal. they'll be back on capitol hill tomorrow, and chip reid is in washington. >> president obama will be arriving in washington tomorrow and both houses of congress will be back in session tomorrow. that will give them just five days to put together a deal to avoid the massive automatic tax hikes and spending cuts known as the fiscal cliff. >> president...
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thank you for being on the program. we are talking about senate negotiating the fiscal cliff deal. the work they're still trying to get done. the first call comes from lee in florida. caller: i tried to call in yesterday, but everybody was concerned about this matter. let me give you a website that i have been e-mail in over 400 people. it is the website -- you go to search "cause of war." this is the biggest cover up by all of the politicians of their in washington, d.c., including both bushes and of mr. obama. host: and what does this have to do with the senate negotiating a fiscal of deal? caller: let me tell you something. if you go to the website listed on the left and upper side, united states -- each tax coming out of each state is going towards the or. -- war. i believe all of these politicians, mayors, governors should take a half cut pay to pay down the deficit. host: we are going to move on to darwin on the line for independents. caller: it is like the pentelikon, back in 1968 i was even fighting with the pentagon over budgets. you always had to have everything kept the
thank you for being on the program. we are talking about senate negotiating the fiscal cliff deal. the work they're still trying to get done. the first call comes from lee in florida. caller: i tried to call in yesterday, but everybody was concerned about this matter. let me give you a website that i have been e-mail in over 400 people. it is the website -- you go to search "cause of war." this is the biggest cover up by all of the politicians of their in washington, d.c., including...
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>>> this weekend is about the battle of the countdowns, the countdown to the fiscal cliff and the countdown to kickoff at fed ex field. thank you for joining us for the news at 10. i'm maureen umeh. attention-filled weekend as lawmakers try to beat the fiscal cliff clock and the redskins host the cowboys in one of the most crucial games of the season. we'll get to those stories in a moment. first, it was not quite the winter wonderland many of us hoped for. for a few hours, many of us saw the snow make an appearance today and now that most has turned to slush, forecasters are worried that near-freezeing temperatures could make for a dangerous situation on the road. tucker barnes has more. >> reporter: could be a couple of icy spots out there late, particularly north and west and we got the snow during the day anywhere between a trace and maybe two inches, if you have to the west of the city. let's go to the maps then, again, the system new winding down. you can see the last of it. there you go. pushing up now north and east of new york city. and still some leftover snow into connecticut and
>>> this weekend is about the battle of the countdowns, the countdown to the fiscal cliff and the countdown to kickoff at fed ex field. thank you for joining us for the news at 10. i'm maureen umeh. attention-filled weekend as lawmakers try to beat the fiscal cliff clock and the redskins host the cowboys in one of the most crucial games of the season. we'll get to those stories in a moment. first, it was not quite the winter wonderland many of us hoped for. for a few hours, many of us...
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. >> thank you. it's coming down to the wire on capitol hill. four days until the fiscal cliff. lawmakers are no closer to reaching a deal. however, president obama hopes to change that this afternoon when he meets with congressional leaders. now more. >> in what is seen as a last- minute attempt to reach a deal president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell, and house speaker john boehner. have four dates to reach an agreement, but the u.s. economy would go off a fiscal cliff. that's when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at whatever he proposes. the truth is we are coming up against a
. >> thank you. it's coming down to the wire on capitol hill. four days until the fiscal cliff. lawmakers are no closer to reaching a deal. however, president obama hopes to change that this afternoon when he meets with congressional leaders. now more. >> in what is seen as a last- minute attempt to reach a deal president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell, and house...
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to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in hawaii. >>> former braves great andruw jones free on a bond in atlanta on a battery charge. there was a domestic dispute between he and his wife. the center fielder played with the new york yankees last year and recently signed with a team in japan. >>> the city of los angeles is holding its annual gun buyback today, several months ahead of schedule. the buyback program allows anyone to bring in guns and rifles in exchange for gift cards. the event is usually held in may but was changed to today in response to the connecticut school shootings nearly two weeks ago. we'll talk about that
to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in...
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the fiscal cliff deadline is getting closer and closer, if lawmakers fail to reach a deal in time, our nation's top employers, the small businesses in our communities, will have some difficult decisions to make, with 2013, will it bring more economic opportunities or will the job market contract? stay with us. >> the looming fiscal cliff is leaving many small businesses in limbo in this country. some owners say uncertainty over potential tax hikes is keeping them from expanding and hiring new employees and analysts warn, that's a recipe for disaster in this already sluggish economy. anna kooiman joins us with more. many small businesses owners say they're kind of operating on the defensive right now. >> it's tough to plan. they're making decisions based on business coming in and the risk of losing it all. arthur cooper is concerned that the change in tax rates will hurt his ability to hire so he doesn't want to expand. >> when you don't know what the rules are, all right? and that's-- it's hard to be aggressive and it's hard to-- it's hard to be really resolute and you know, in your bu
the fiscal cliff deadline is getting closer and closer, if lawmakers fail to reach a deal in time, our nation's top employers, the small businesses in our communities, will have some difficult decisions to make, with 2013, will it bring more economic opportunities or will the job market contract? stay with us. >> the looming fiscal cliff is leaving many small businesses in limbo in this country. some owners say uncertainty over potential tax hikes is keeping them from expanding and hiring...
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a potential deal to limit the damage caused by going over the fiscal cliff which we did overnight. at the same time, the senate passed a mefmeasure keeping tax check. the bill has strong bipartisan support here. 89 senators voted in favor of it. just eight opposed it. the vote came about two hours after the new year's deadline to get a deal done. now, under this deal, taxes will remain the same for americans who earn less than $400,000 a year. and families that make less than $450,000. it would also extend long-term unemployment benefits. about $24 billion in spending cuts would be delayed for two months so the white house and congress can have more time to debate them. democrats and republicans agreed to a compromise. they say not acting could have had devastating consequences. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing, they'd be going up on everyone. >> it is now up to the house to vote on that proposal. >>> this morning, police in prince william county are mourning the loss of one of their own killed in the line of duty. 35-year
a potential deal to limit the damage caused by going over the fiscal cliff which we did overnight. at the same time, the senate passed a mefmeasure keeping tax check. the bill has strong bipartisan support here. 89 senators voted in favor of it. just eight opposed it. the vote came about two hours after the new year's deadline to get a deal done. now, under this deal, taxes will remain the same for americans who earn less than $400,000 a year. and families that make less than $450,000. it would...
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Jan 1, 2013
01/13
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less than five hours in the fiscal cliff they're claiming they're willing to compromise. it is quite a laughable concept. i hope they get their act together. thank you for your time. >> i think both parties knew that both taxes have to be raised. is a terrible that we got involved and two wars. knowing wants to be held responsible. they pose some areas to the other one. they cannot possibly excepted. the end result is taxes will go up. no one is when to be responsible. we have to be responsible for the bad choices they make since we chose bad leaders. we are going to have to divide this terrible sandwich and pay a lot more. a lot of people are going to suffer. host: we have one dead. she is in carthage, texas. are you there? caller: i think our white house is like a spoiled child. they do not want to get in to helping get what you really need. it the democrats would go ahead and agree on these spending cuts, this is not going to do us any good. they're talking about the taxes that would have tonight. the whole idea is this supposed to go on. we are not accomplishing anyth
less than five hours in the fiscal cliff they're claiming they're willing to compromise. it is quite a laughable concept. i hope they get their act together. thank you for your time. >> i think both parties knew that both taxes have to be raised. is a terrible that we got involved and two wars. knowing wants to be held responsible. they pose some areas to the other one. they cannot possibly excepted. the end result is taxes will go up. no one is when to be responsible. we have to be...
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Dec 24, 2012
12/12
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for more on the fiscal cliff i'm joined by deputy political editor domminco. let's talk about what are the opings left on the table as we look at the narrow window that's left to get us to 2013 and what could get done. >> well, i think ultimately you've got a small deal, a big deal, or going over the cliff. there is some movement towards getting a small deal done. you hear that from congressman ellison. senate airdz on both sides tell me that that's possible. the 250,000 a year tax cut plus unemployment things and it maybe can kick the can down the road. that will have consequences for the president's agenda in the next year because he wants to get immigration reform done. he wants to get a lot of other things done that really get pushed down the road if fiscal stiff is still weighing on him. >> which side has negotiated in good faith more? the political reporting we've heard is that the president is still at the table. he is saying let's get something done. john boehner is at the table saying he wants to get something done, but -- i think the white house says
for more on the fiscal cliff i'm joined by deputy political editor domminco. let's talk about what are the opings left on the table as we look at the narrow window that's left to get us to 2013 and what could get done. >> well, i think ultimately you've got a small deal, a big deal, or going over the cliff. there is some movement towards getting a small deal done. you hear that from congressman ellison. senate airdz on both sides tell me that that's possible. the 250,000 a year tax cut...
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Dec 25, 2012
12/12
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it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the journalism broadcast center for organizing today's event. and i was wondering if you had one last song you'd like to sing us out on. [applause] >> do you want to sing? >> come on up. >> can she borrow your stool? >> this is my wife kim and here is the song we sing to our twin boys. actually about two years ago, we went in to sing them to sleep with this lullaby and we got the guitar out and sat down on the side of the bed and we were about to play the opening chords and rough fuss looked up at me and said you know dad, we don't have to do this anymore. [laughter] ♪ sonny, sure you're thinking now but the morning is slowly r ising so sober must be spinning round and i still love you would you close your eyes you can close your eyes it's all right ooh i don't know love songs i can't sing 'em true anymore but i can sing this song for when you can sing this song when i'm gone be longon't before another day have an
it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the journalism broadcast center for organizing today's event. and i was wondering if you had one last song you'd like to sing us out on. [applause] >> do you want to sing? >> come on up. >> can she borrow your stool? >> this is my wife kim and here is the song we sing to our twin boys. actually about two years ago, we went in to sing...
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Dec 24, 2012
12/12
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WJLA
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it is for a >> we are eight days from the fiscal cliff deadline and there is no deal in sight. thursday is the soonest the talks would likely resume. they want to prevent automatic tax hikes and cuts in spending from taking place. >> were going to go over the cliff for. you cannot negotiate with someone who does not want to negotiate. >> it is the first, i feel that is more likely we will go over the fiscal cliff. if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. >> economists warn without a deal, the u.s. could plunge into recession. today is christmas eve and santa just set off for his 24-hour trek around the world. >> cameras are recording his final journey. he put a huge stack into the sleigh and rudolph led the way santa says it is important for everyone to wish for peace on earth. if you want to attract santana -- santa - look closely. >> this is norad tracker and he is heading along the australian coast. on the site, he has already delivered 86 million gifts. >> a lot of good little boys and girls
it is for a >> we are eight days from the fiscal cliff deadline and there is no deal in sight. thursday is the soonest the talks would likely resume. they want to prevent automatic tax hikes and cuts in spending from taking place. >> were going to go over the cliff for. you cannot negotiate with someone who does not want to negotiate. >> it is the first, i feel that is more likely we will go over the fiscal cliff. if we allow that to happen, it will be the most colossal...
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Dec 27, 2012
12/12
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FBC
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liz: thank you. good to be with you, sir. really appreciated. forget the fiscal cliff. more an action from d.c. could leave another glass half empty. sandra smith with us with today's trade. sandra: people's grocery bills may go up. you are talking about that exclusion of a farm bill that may not be part of the fiscal cliff negotiations even if we do get a deal that by the end of the year. tom vill sack has been trying to get everyone into a room to hammer out a five-year deal. he has already conceded that it is unlikely that we will see that done and those farm subsidies could come out of the market. analysts are saying that prices could go up to the six to eight dollars a gallon range. milk just one of the many grocery items that could go up in prices. this is one aspect that maybe you have not thought about when it comes to your wallet. sterling smith over at citigroup says we could see less milk consumption. a lot of those dairy farmers could go out of business. liz: thank you for that, xander. the president back in washington, d.c. to deal with the fiscal crisis. h
liz: thank you. good to be with you, sir. really appreciated. forget the fiscal cliff. more an action from d.c. could leave another glass half empty. sandra smith with us with today's trade. sandra: people's grocery bills may go up. you are talking about that exclusion of a farm bill that may not be part of the fiscal cliff negotiations even if we do get a deal that by the end of the year. tom vill sack has been trying to get everyone into a room to hammer out a five-year deal. he has already...
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Dec 26, 2012
12/12
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WMAR
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try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give her a long rope. you know, and there is monitoring, because we have rules, but monitoring may be,
try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the...
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Dec 28, 2012
12/12
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CNNW
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thanks for watching. "early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012. i've just had that pointed out to us. one final desperate attempt to dodge the fiscal cliff, just four days left before we go over the edge triggers tax hikes, spending cuts that could send the nation back into recession. the president calling for members of the congress the back. a gang of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority le
thanks for watching. "early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the...
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Dec 24, 2012
12/12
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let me show you some news, the headline on avoiding the so- called fiscal cliff. here is "the new york times" frontpage. the headline -- that is "the new york times" reporting. inside the paper, they say democratic leaders say they will move forward on legislation this week only a senator mitch mcconnell of kentucky, the republican leader, will assure them it will not be filibustered -- investors anticipate a turbulent week in the market of congress and the white house continued the standout. i also note that mr. mcconnell's own reelection bid is coming in 2014. the borrower review of the nothing to shift the anger of some self assessment of the speaker does nothing to pass it does go to the floor. the bill is not moving along, says bob corker from tennessee. here is what the republican from idaho had to say about the fiscal cliff negotiation. [video clip] >> if we get down to the end of the year and the only choice we have is to save taxes going up on the middle-class, i would support that. but i wish we had a comprehensive bill that dealt with spending, entitlem
let me show you some news, the headline on avoiding the so- called fiscal cliff. here is "the new york times" frontpage. the headline -- that is "the new york times" reporting. inside the paper, they say democratic leaders say they will move forward on legislation this week only a senator mitch mcconnell of kentucky, the republican leader, will assure them it will not be filibustered -- investors anticipate a turbulent week in the market of congress and the white house...
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Dec 29, 2012
12/12
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MSNBCW
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you, sir. >> let's turn back to wash wish and the fiscal cliff drama. most americans could see a rise in taxes and government spending cuts if government does not reach a deal before year's end, and i want to bring in two capitol hill veterans, budget committee member as well, martin frost of texas and david winston, he was aide to newt gingrich and adviser to newt gingrich's 2012 presidential campaign. i want to pick up where we left off last hour. gentlemen, you were making a point. my question is what happened to those talks between the president and john boehner. at one point they were 400 million apart and it was one whole heck of a lot of money and what happened? i think what happened is that the president decided that he was going to up the number from 800 to $1.2 trillion worth of revenue that he wanted. >> that took speaker boehner to the point where he didn't think they would go through the house and things began to fall apart at that point and they ended up going with this commission and i think it was frustrating to both men. my sense is the
you, sir. >> let's turn back to wash wish and the fiscal cliff drama. most americans could see a rise in taxes and government spending cuts if government does not reach a deal before year's end, and i want to bring in two capitol hill veterans, budget committee member as well, martin frost of texas and david winston, he was aide to newt gingrich and adviser to newt gingrich's 2012 presidential campaign. i want to pick up where we left off last hour. gentlemen, you were making a point. my...